Recently I’ve been hearing some utility executives use a new catchphrase: “reverse Robin Hood.” The phrase is shorthand for policies on net metering and green incentives that support rooftop photovoltaics (PV) at the expense of low-income customers. We’re “robbing the poor” to pay for rich people’s fancy solar systems.
Centerpoint, OGE, and ArcLight form $11-billion gas pipeline partnership; MidAmerican to acquire NV Energy; SolarCity raises $500 billion for solar lease financing; plus transactions and debt issues involving TransCanada, Atlantic Power, Duke-American Transmission Co., Northeast Utilities, and others, totaling $24 billion.
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